How to DAO 101: Choosing a Tech Stack for CabinDAO

How do we reliably and effectively community and mobilize the DAO membership?How do we get work done collaboratively?How do we broaden our reach and connect with more people interested in our mission?How do we support delegation of votes (if needed) in the future?

What will be the anchor exchange rate with Ethereum?

One common misconception is that DAOs are purely flat hierarchical organizations. This usually isn’t the case. The founders or a few selected individuals are chosen or elected as guardians of the treasury. Over time, DAOs can progressively decentralize into more truly trustless structures.

For any crowdfund, you will need to make specific choices related to the token supply. We recommend talking through these questions with your founders:What will be the total initial supply?Will it be fixed? (e.g. will future token creation be restricted)

During this initial phase, we spent some time creating a following on Twitter and then published a launch article through the blogging platform Mirror. At its core, Mirror is a publishing platform like Substack or Medium but built with Ethereum. In short, you can “blog on the blockchain”. Unlike other publishing sites, Mirror is a crypto-native sol... See more

We chose Gnosis Safe as our crypto-native treasury platform. Gnosis provided two critical features: The ability to have each distribution of funds approved by multiple team members (a.k.a. Multi-signature), and a central location to preserve a mixture of funds: Ether and the social token.

After reviewing these questions, make sure to check how much flexibility you need from the crowdfunding technology. For CabinDAO we used default Mirror settings: the initial crowdfund participants would receive 1000 $CABIN per 1 ETH, with a fixed total supply. We also chose to allocate 50% of the fund to the CabinDAO treasury. The supply allocated ... See more

How much of the supply  will be reserved for the DAO treasury?

Funding the organization and creating an engaged community requires broad reach to the right audience. We recommend doing this by clearly defining (and publishing!) your narrative, story, and mission in public and at the right time.